Ever wondered how the Chinese mainland is powering up its business game? 🤔 At a recent State Council Information Office briefing, market regulator Luo Wen shared some game-changing wins from the 14th Five-Year Plan (2021–2025).
1. A unified national market – imagine a single playground where all businesses, big or small, play by the same rules. Thanks to a “negative list” for market access (a simple no-go list of off-limit sectors), startups face less red tape. The result? Nearly 20 million new enterprises and 34 million individual businesses have popped up! 🚀
2. Credit gets cool – through credit supervision tools like the enterprise abnormal operation list, the average credit score of enterprises climbed from 128.6 in 2020 to 161.61 by mid-2025. Better credit = more trust = smoother deals.
3. Quality on the rise – over 4,200 key research projects tackled about 18,000 quality bottlenecks, while 2,372 one-stop service stations sprouted nationwide. Think of these like your go-to super-app hubs where you get everything done in one go. The manufacturing quality index hit 85.86/100, and consumer satisfaction topped 81 points. 👍
What’s next? Deputy director Deng Zhiyong says the focus is on beefing up standardization. Consider it harmonizing all the rulebooks to keep innovation humming and push economic growth into high gear.
For techies, entrepreneurs, and anyone who loves business breakthroughs, these moves mean a more dynamic, trust-driven economy. Keep your eyes peeled – the Chinese mainland is leveling up! 🔍✨
Reference(s):
cgtn.com
